Sound Energy PLC (SOU) Insider Purchases £16,500 in Stock
Sound Energy PLC (LON:SOU) insider Simon Howard Davies bought 150,000 shares of Sound Energy stock in a transaction on Thursday, May 23rd. The stock was acquired at an average cost of GBX 11 ($0.14) per share, with a total value of £16,500 ($21,560.17).
Sound Energy stock opened at GBX 10.36 ($0.14) on Friday. The firm has a market capitalization of $109.38 million and a price-to-earnings ratio of -14.80. Sound Energy PLC has a 12 month low of GBX 11 ($0.14) and a 12 month high of GBX 46.60 ($0.61). The company has a debt-to-equity ratio of 11.43, a current ratio of 2.48 and a quick ratio of 2.37.
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Sound Energy plc, through its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets. The company holds 47.5% interest in the Tendrara license covering an area of 9,336 square kilometers; Anoual license, which covers an area of 8,873 square kilometers; and Matarka license that covers an area of 5,223 square kilometers located in Eastern Morocco.
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